@captamazing this is all any of us want to know - even a rough estimate would be fine.
Based on GEM’s JORC and an assumption that MUS resource is similar then we should be sitting on $60 million worth of ruby come October.
The unknown is how representative MUS’s resource is to GEM’s? All we have is logic (it is hard to imagine how there could be major differences given the way the secondary rubies have been spread over the region), and a tweet from CJ saying the alpha deposit rubies are 80% gem quality just like GEM’s secondary rubies.
MUS Price at posting:
3.7¢ Sentiment: Hold Disclosure: Held
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